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23 FEB 2012

Parks Associates forecasts over 60% of U.S. households will have energy management technologies, deployed by utilities, service providers, or retailers, by 2022

Smart Energy Summit addresses factors to increase consumer engagement with energy management

Retailers, service providers, and utilities are all entering the U.S. market for energy management, which will help drive annual subscription revenues from these systems to over $180 million by 2015, according to Parks Associates. The international research firm hosts Smart Energy Summit: Engaging the Consumer in Austin, Texas, February 28-March 1, an annual event focusing on new technologies, partnership opportunities, and consumer-oriented energy management solutions.

“Energy management is being bundled with home monitoring and control, security, broadband, and video services,” said Tom Kerber, Director, Research, Home Controls and Energy, Parks Associates. “Next week, we will hear insights into partnership opportunities that can generate recurring revenues, reduce customer attrition, develop value-added services, and engage consumers in new ways with energy management solutions.”

Alarm.com, Comverge, ERCOT, Reliant Energy, and SEQUENTRIC Energy Systems address the demand-response market and business models in the pre-show workshop session “Demand Response and Consumer Engagement” on February 28.

Among the February 29 sessions, GE Appliances, Opower, Smart Grid Consumer Collaborative, and Tendril address new marketing strategies to change the way consumers purchase, conserve, and manage electricity in "Boosting Consumer Adoption: New Value Propositions."

Allure Energy, Blue Line Innovations, ecobee, and Ingersoll Rand address crossover opportunities for independent solutions to merge with home area networks (HANs) in "Growth and Impact of Energy Management Device Offerings."

Alarm.com, Cox Communications, and ADT Security Services present different market entry and expansion strategies, weighing in on the decision to partner with utilities versus providing alternative solutions in "2015 Offerings: New Services, Features, and Pricing Models."

Among the March 1 sessions, CableLabs, Swisscom, and Telecom Italia share differences in business models and value propositions for international implementations and suggest which lessons are applicable to the U.S. in "International Experiences: Translation for the U.S. Market."

Simple Energy, Pecan Street Project, the Texas Office of Public Utility Counsel, and the GridWise Architecture Council discuss new policy initiatives and their impact on market dynamics, business strategies, and consumer value propositions in "The Impact of Policy on Energy Management Deployments and Solutions."

Austin Energy, EcoFactor, Itron, Proximetry, and Sprint explore the partnership opportunities between utilities and service providers in "Hybrid Solutions: Beyond Home Networks."

To register, visit www.smartenergysummit2012.com or contact 972-490-1113, sales@parksassociates.com.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer addresses the evolution of the consumer utility market, the impact of COVID-19 on energy management programs, and new opportunities to drive engagement in utility-sponsored programs. Virtual panels and networking sessions, featuring executive-level experts from multiple industries, address strategies for utilities, service providers, retailers, software providers, and manufacturers to expand and monetize energy management and other energy-focused offerings through consumer engagement, new business models, unique partnerships, and innovative technologies.

Smart Energy Summit features an in-person conference February 13-15 at the Omni Austin Hotel Downtown, with virtual sessions on June 15, August 17, and November 9. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy23. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.smartenergysmt.com.

About Parks Associates: Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.

The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.

Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com